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Archive Home > 2009 > May > 15 > Cannon Beach art dealer accused of Ponzi scheme

Cannon Beach art dealer accused of Ponzi scheme

By The Associated Press / The Bulletin
May 15, 2009

PORTLAND — A Cannon Beach art dealer has been accused of running a Ponzi scheme that caused more than 100 investors to lose a combined $3.2 million.

U.S. Attorney Karin Immergut says 36-year-old Donald Seybold was arrested in Seaside on Thursday. An indictment alleges that Seybold....

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